Current Affairs MCQ for UPSC Exams – 07 January 2016

Current Affairs MCQ for UPSC Exams – 07 January 2016

Q.1- Which of the below statements correct regarding BS Norms?

A)Bharat stage emission standards are emission standards instituted by the Government of India to regulate the output of air pollutants from internal combustion engine equipment, including motor vehicles.
B) The standards and the timeline for implementation are set by the Central Pollution Control Board under the Ministry of Environment & Forests and climate change

a) A only
b) B only
c) Both A and B
d) Neither A nor B

Q.2- Which of the below statements regarding Hydrogen bomb are correct?

a) Thermonuclear weapon is a nuclear weapon that uses the energy from a primary nuclear fission reaction to compress and ignite a secondary nuclear fusion reaction.
b) All the nuclear weapons deployed by the five nuclear-weapon states under the NPT today are thermonuclear weapons using the Teller–Ulam design

A) a only
B) b only
C) Both a and b
D) Neither a nor b

Q.3- Which of the below statements correct regarding The Undisclosed Foreign Income and Assets( Imposition of Tax) Bill, 2015?

a) The Bill will apply to Indian residents and seeks to replace the Income Tax (IT) Act, 1961 for the taxation of foreign income.
b) The total undisclosed foreign income and asset of an individual would include income, from a source located outside India, which has not been disclosed in the tax returns filed; income, from a source outside India, for which no tax returns have been filed; and value of an undisclosed asset, located outside India.

A) a only
B) b only
C) Both a and b
D) Neither a nor b

Q.4- Which one of the following statements appropriately describes the “fiscal stimulus”?

(a) It is a massive investment by the Government in manufacturing sector to ensure the supply of goods to meet the demand surge caused by rapid economic growth
(b) It is an intense affirmative action of the Government to boost economic activity in the country
(c) It is Government’s intensive action on financial institutions to ensure disbursement of loans to agriculture and allied sectors to promote greater food production and contain food inflation
(d) It is an extreme affirmative action by the Government to pursue its policy of financial inclusion

Click Here for MCQ s Archive